MTN pumps millions into MoMo as it nears 2m users in SA
The company identifies fintech as a key growth pillar, and commits to funding the relaunched Mobile Money offering over the next few years.
Data boom carries Vodacom in half-year results
The telco posts blowout half-year results, buoyed by double-digit data usage growth and higher customer demand for smart devices due to the lockdown.
COVID-19 drives African states into cashless societies
Cash may have traditionally been king, but the coronavirus pandemic is contributing to a faster pace of mobile money adoption across the continent.
Vodacom restructures, SA operations to stand alone
The telco names Balesh Sharma as MD of its South African operations, in a new structure prompted by its accelerated growth ambitions on the continent.
uKheshe appoints new exec as it eyes Africa growth
The micro-payment platform appoints Mark Dankworth to launch and grow its African operations.
Vodacom, Safaricom conclude M-Pesa brand takeover deal
The transaction will accelerate M-Pesa’s growth in Africa by giving both Vodacom and Safaricom full control of the M-Pesa brand.
Past harsh lessons to drive MTN MoMo’s second attempt
Analysts believe MTN’s Mobile Money platform will be a success this time as the telco has learnt from its past mistakes.
Vodafone urges Africa to invest in digital infrastructure
African countries lag in important decisions on allocating radio spectrum for mobile data and broadband services, says Vodafone CEO Nick Read.
Vodacom eyes R2bn from SA’s financial services
The operator sees opportunities for its fintech operations in SA, setting its sights on doubling its billion-rand business.
Vodacom’s M-Pesa hits R40bn monthly transactions
The operator records sharp growth in its M-Pesa mobile money service, which is now handling multibillion transactions per month.
Vodacom adds 2.7m subscribers
The mobile operator reports a boom in SA and international operations in the six months ended 30 September.
Big gains for Vodacom as M-Pesa surges
Vodacom is hitting high notes as its mobile money service continues to bring in massive profit for the telco.